Rupee repo and reverse repo transactions permit non-residents to borrow or lend, subject to Reserve Bank conditions. Regulation 7A permits a person resident outside India to undertake rupee-denominated repo and reverse repo transactions for borrowing or lending money, ... Summary
Rupee repo and reverse repo transactions permit non-residents to borrow or lend, subject to Reserve Bank conditions.
Regulation 7A permits a person resident outside India to undertake rupee-denominated repo and reverse repo transactions for borrowing or lending money, subject to terms and conditions specified by the Reserve Bank. Repo and reverse repo carry the meanings assigned under the Reserve Bank of India Act, 1934.
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